Alternatives
Security for Expenses Scheme

RICS Surveyor Client Accounts

Many RICS Surveyors operate client accounts where they can hold security.
RICS Surveyor Client Accounts
NB: This comparison is provided in good faith based on the information available on their websites at the end of December 2024 - you will need to check that our comparison remains accurate and up to date.

Security for Expenses Scheme

Free Security for Expenses accounts, held safely at the Bank of England.
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RICS Surveyor Client Accounts

Many RICS Surveyors operate client accounts where they can hold security.
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Compliance Fees
% of Security
Underlying Bank
Bank of England
Segregation
Safeguarding
No Extra Costs
Simple Terms & Conditions

How much do the arrangements cost?

We have not been able to find this information publicly.

The Security for Expenses Scheme does not charge fees.

Where is the security held?

We have not been able to find this information publicly. We imagine it will depend on the individual RICS surveyor.

The Security for Expenses Scheme holds your security at the Bank of England.

Are the funds segregated and safeguarded?

We have not been able to find this information publicly. We imagine it will depend on the individual RICS surveyor.

The Security for Expenses Scheme segregates and safeguards your funds.

Are there any hidden costs?

We have not been able to find this information publicly. We imagine it will depend on the individual RICS surveyor.

The Security for Expenses Scheme does not allow for any hidden costs.  The only possible extra cost is very clearly signposted - the dispute fee that you can read about here.

How quickly will they open your account?

We have not been able to find this information publicly. We imagine it will depend on the individual RICS surveyor.

The Security for Expenses Scheme can generally open an account within a matter of hours.

Do you receive interest on your security?

We have not been able to find this information publicly. We imagine it will depend on the individual RICS surveyor.

The Security for Expenses Scheme does not pay interest, but does not charge any fees.

What are the terms and conditions?

We have not been able to find this information publicly. We imagine it will depend on the individual RICS surveyor.

The Security for Expenses Scheme operates clear, transparent Scheme Rules - there are only 6 and they are very short.

Find out more about 

RICS Surveyor Client Accounts

Open a free Security for Expenses Account

You can open a free Security for Expenses account at any time, 24/7.
Security held at the Bank of England.